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Nov 18, 2022
11/22
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i thought mini madoff didn't care about money. that's what i told us after all. >> stan doesn't need the money to buy a lamborghini or to buy a rolex or to impress his friends. in fact, his car is a toyota carolla. >> hold on, where is your car? >> it's that one there. >> that is like what a toyota? >> yeah. it's a carolla. >> he is funding everything you can think of, global warming,. >> one of the biggest problems that we have to tackle together as a world. >> covid-19 preparedness. >> we have to be ready for the next pandemic. >> and, of course, animal welfare. >> animals deserve to live just like we do. it's also why i'm vegan. >> jesse: well, it turns out crypto fetterman thinks those social issues are a sham. he is now saying, quote: it's a dumb game we woke westerners play. so that everyone likes us. he said the quiet part out loud. the fact mini madoff fooled everyone we are talking about a democrat mega donor living penthouse in a tax haven in the bahamas and sleeping with his whole slat. all in a polymerous relationship
i thought mini madoff didn't care about money. that's what i told us after all. >> stan doesn't need the money to buy a lamborghini or to buy a rolex or to impress his friends. in fact, his car is a toyota carolla. >> hold on, where is your car? >> it's that one there. >> that is like what a toyota? >> yeah. it's a carolla. >> he is funding everything you can think of, global warming,. >> one of the biggest problems that we have to tackle together as a...
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Dec 22, 2022
12/22
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history, bernie madoff. criminal attorney ira lee sorkin discusse s what's ahead for sbf who has plead guilty and turned state witness. next, closing bell we've got 29 minutes left. as i said we're coming off the lows but there's still significant red on the screen. it's the nasdaq getting hurt the most down 2.25% or 243 points led by the chips. we are coming right back and by the way we want to say because who knows what's going to happen in the final half hour, we'll go commercial free. don't move. when things go right too. like, when you score your dream job. sell your business. or discover she's smart... really smart. now what? here's what: you connect with prudential's rock-solid team serving over 50 million people. with investment, insurance and retirement know-how. who's your rock? visit prudential.com or speak to an advisor today. the refrigerator is greg's happy place. my kids eat. but i finally figured it out. we can get all that we need and then a little bit more at walmart. ♪ if your business k
history, bernie madoff. criminal attorney ira lee sorkin discusse s what's ahead for sbf who has plead guilty and turned state witness. next, closing bell we've got 29 minutes left. as i said we're coming off the lows but there's still significant red on the screen. it's the nasdaq getting hurt the most down 2.25% or 243 points led by the chips. we are coming right back and by the way we want to say because who knows what's going to happen in the final half hour, we'll go commercial free. don't...
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Nov 17, 2022
11/22
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mini madoff not worried one bit. he is telling the "new york times" he has just been hanging out and playing video games this week. it's only $2 billion missing. no big deal. mini madoff doesn't care how bad it makes him look as long as it makes the democrats rich. he has always made that clear. >> what about your own legacy, sam? what impact would you want to leave on the world long term? >> i don't give a [bleep] about my legacy. i care about the impact that i have. it's not, like, the thing that i try to remind myself is like, at the end of the day, what matters is the impact i have not whether anyone knows about that impact. >> jesse: okay. mini madoff knows no one is touching him. the democratic party and regulators, they are all on his side. who is the head of the scc? other, gary quincy ler. gary was just having lunch with mini madoff before he stole his cash. gary's old cancer was the father of mini madoff office girlfriend. when he was asked about it he squirmed. >> sam bankman-fried, it appears from your ca
mini madoff not worried one bit. he is telling the "new york times" he has just been hanging out and playing video games this week. it's only $2 billion missing. no big deal. mini madoff doesn't care how bad it makes him look as long as it makes the democrats rich. he has always made that clear. >> what about your own legacy, sam? what impact would you want to leave on the world long term? >> i don't give a [bleep] about my legacy. i care about the impact that i have. it's...
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Dec 14, 2022
12/22
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without mini madoff the democrats don't win the senate. conveniently, right after the election the story blows up. billions missing. mini madoff was running the biggest ponzi scheme in u.s. history. stealing cash and donating it to democrats. >> bankman-fried and his co-spirits stole billions of dollars from ftx customers. he used that money for his personal benefit. violated federal campaign finance laws by causing tens of millions of dollars in illegal campaign contributions to be made to candidates in all of this dirty money was used in service of bankman-fried's desire to buy bipartisan influence and impact the direction of public policy in washington. >> jesse: pin any got popped last night in the caribbean. wasn't a coincidence. he was scheduled to testify under oath to congress today to mad maxine's committee. no relation. he would have run his mouth the same way he has been running his mouth for the last month and a half. mini madoff already on a media tour making more stops than fauci. every time mini madoff opened his mouth he hu
without mini madoff the democrats don't win the senate. conveniently, right after the election the story blows up. billions missing. mini madoff was running the biggest ponzi scheme in u.s. history. stealing cash and donating it to democrats. >> bankman-fried and his co-spirits stole billions of dollars from ftx customers. he used that money for his personal benefit. violated federal campaign finance laws by causing tens of millions of dollars in illegal campaign contributions to be made...
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Nov 19, 2022
11/22
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ray says the irs missed the mini madoff shenanigans. maybe one of those those 87,000 new agents would have caught them. that's right, they have 87 new agents and guns. so duck. jesse, what brand of shirt to you wear? vest, asymmetrical color. the tie is eton. the shirt i probably should know. i'll tell you on monday. it slipped my mind. >> i wish i had a paddle that said eton. >> jesse: i wish i had a paddle so i could hit you on the head. all right. thank you guys very much. dvr the show, if you can figure it out. i can't. "tucker carlson" is up next. always remember, i'm watters, and this is my world. >> tucker: good evening. welcome to "tucker carlson tonight." a comedian that used to work for the food network, he's also pro-life. earlier this month, he was preparing to host a comedy show in rutherford, new jersey, a half hour outside of new york, but minutes after the show was announced antifa, a violent radical group, decided to shut it down. hundreds of antifa
ray says the irs missed the mini madoff shenanigans. maybe one of those those 87,000 new agents would have caught them. that's right, they have 87 new agents and guns. so duck. jesse, what brand of shirt to you wear? vest, asymmetrical color. the tie is eton. the shirt i probably should know. i'll tell you on monday. it slipped my mind. >> i wish i had a paddle that said eton. >> jesse: i wish i had a paddle so i could hit you on the head. all right. thank you guys very much. dvr...
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Dec 15, 2022
12/22
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FBC
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attorney in the criminal investigation of disgraced fraudster, bernie madoff. it's good to see you. >> nice to see you. elizabeth: when you saw ftx fraud explode and learn comparisons to bernie madoff, what were your reactions to all of that? >> first of all, it brought me back 14 years almost to the day when the madoff fraud broke. but what's viking to me are the -- striking to me are the differences between madoff and bankman-fried. what's alleged currently happened in a markedly unregulated market, more of wild west, whereas what madoff did occurred in a very highly regulated securities market. the current case took place over 2-3 years, madoff was over decades. the victims are different. or appear on, i imagine anyway, in the realm of cryptocurrency you probably have more sophisticated investors, younger investors. in the case of madoff, i think it was much more diverse, a lot of older people, people who had been, families who had been with him for decades. there were, of course, sophisticated investors, but the victims included unions, people who doesn't e
attorney in the criminal investigation of disgraced fraudster, bernie madoff. it's good to see you. >> nice to see you. elizabeth: when you saw ftx fraud explode and learn comparisons to bernie madoff, what were your reactions to all of that? >> first of all, it brought me back 14 years almost to the day when the madoff fraud broke. but what's viking to me are the -- striking to me are the differences between madoff and bankman-fried. what's alleged currently happened in a markedly...
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Dec 20, 2022
12/22
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on a proportion scale, this is where it's bigger than madoff. remember, madoff was literally money in from people, money out from anybody that wanted to take their ill-gotten gains or gains that they thought that were real, this is different. money allegedly if you follow the indictment taken from customer accounts and gambled away in the sort of global casino of crypto. i don't know how you claw that back. some of it can be clawed back. his houses and stuff like that. a lot -- >> neil: or from the original beneficiaries. the reason they mention a ponzi scheme, they pay them, make sure they're happy. what is the possibility of extending it to people early versus people that were screwed? >> it's where the source is. you have to figure out a cut off date and when it became a ponzi scheme. once you establish the relevant dates, you say what did he reliably spend money on that came from the ill -- that came from the pilfered accounts? here's where it gets crazy. a lot of the stuff he spents money on wasn't on houses. it was lost in trades. that i d
on a proportion scale, this is where it's bigger than madoff. remember, madoff was literally money in from people, money out from anybody that wanted to take their ill-gotten gains or gains that they thought that were real, this is different. money allegedly if you follow the indictment taken from customer accounts and gambled away in the sort of global casino of crypto. i don't know how you claw that back. some of it can be clawed back. his houses and stuff like that. a lot -- >> neil:...
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Dec 2, 2022
12/22
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"primetime" mini madoff is sticking. >> he doesn't like it. sorry, mini, that's your name. although we do like crypto fetterman. george stephanopoulos who could have called the crypto scam company out let mini madoff play the victim card instead. watch. this you also took out a $1 billion loan. what was that for? >> that was generally reinvest not guilty company. that was not for, you know, consumption. i, you know, tyke, i have basically nothing left. i think i have $100,000 left in my bank account last time i checked and i think i have one credit card working with that right now. >> i can't imagine what it feels like to go from $20 billion to $100,000. >> yeah. it's -- i mean, it's been a really -- it's been a really humbling fall in a lot of ways. >> jesse: so george is empathizing with him not the people who lost their money with him. got it. poof. 20 billion vaporized. i mean, it's what happens when you are dipping into customer funds and accidentally buying homes. that's a story now. he says that $16 million house that he bought his pare
"primetime" mini madoff is sticking. >> he doesn't like it. sorry, mini, that's your name. although we do like crypto fetterman. george stephanopoulos who could have called the crypto scam company out let mini madoff play the victim card instead. watch. this you also took out a $1 billion loan. what was that for? >> that was generally reinvest not guilty company. that was not for, you know, consumption. i, you know, tyke, i have basically nothing left. i think i have...
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Nov 30, 2022
11/22
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i think it's unfair to bernie madoff. >> jesse: what would you nickname mini madoff? do you think you could do better? >> maybe sam unbankable-fried. of the. >> jesse: polyamorous sam? >> that works too. >> jesse: lydia, you're our go-to mi mini madoff reporter. i want to know about this polyamorous haremhe was participating in. >> he fooled the best investors in the world, and listening to this interview it's so abundantly clear he didn't understand the basics of his business. he baffled them with his bs. >> jesse: that's what i do on "primetime." this almost never happens, but last night i was wrong. >> tech: when you get a chip in your windshield... trust safelite. this couple was headed to the farmers market... when they got a chip. they drove to safelite for a same-day repair. and with their insurance, it was no cost to them. >> woman: really? >> tech: that's service the way you need it. >> singers: ♪ safelite repair, safelite replace. ♪ ... ... did i tell ya i got my car from carvana? oh! tens of thousands of mud-chugging options. it was just so easy to find
i think it's unfair to bernie madoff. >> jesse: what would you nickname mini madoff? do you think you could do better? >> maybe sam unbankable-fried. of the. >> jesse: polyamorous sam? >> that works too. >> jesse: lydia, you're our go-to mi mini madoff reporter. i want to know about this polyamorous haremhe was participating in. >> he fooled the best investors in the world, and listening to this interview it's so abundantly clear he didn't understand the...
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Dec 17, 2022
12/22
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but on the other hand, that's also what happened with madoff. madoff, if you remember, traded on connections, traded on this image of success and got very sophisticated people to put in money. but i think the other thing, neil, you're right, the thing they have in common is they're both simple frauds. this doesn't really involve crypto the, per se. what happened was bankman fraud -- fried, sorry, went to investors and said give me money, i promise i'll do a with it, and instead he used it to make his own fortune, to buy his own houses and real estate. it's just simple fraud and theft which is what madoff was engaged in too. and just like madoff went to jail for a long, long time, bankman-fried could, i would expect he's going to try to settle so he doesn't die in prison like madoff did. neil: so where does this go and how many people does it likely ensnare? and those who have lost all their money, you know, eventually over the years some money died get back to madoff investors. not all. a few were made whole. but i'm wondering how owe see this p
but on the other hand, that's also what happened with madoff. madoff, if you remember, traded on connections, traded on this image of success and got very sophisticated people to put in money. but i think the other thing, neil, you're right, the thing they have in common is they're both simple frauds. this doesn't really involve crypto the, per se. what happened was bankman fraud -- fried, sorry, went to investors and said give me money, i promise i'll do a with it, and instead he used it to...
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Dec 1, 2022
12/22
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. >> jesse: mini madoff finally showed his face today. and stick around and hear what he had to say. ♪ >> tech: when you get a chip in your windshield... trust safelite. this couple was headed to the farmers market... when they got a chip. they drove to safelite for a same-day repair. and with their insurance, it was no cost to them. >> woman: really? >> tech: that's service the way you need it. >> singers: ♪ safelite repair, safelite replace. ♪ [coughing] hi, susan. honey. yeah. i respect that. but that cough looks pretty bad. try this robitussin honey. the real honey you love, plus the powerful cough relief you need. mind if i root through your trash? robitussin. the only brand with real honeyand elderberry. >> jesse: very important meeting weighs held today between kamala harris and emmanuel macron. they didn't talk about ukraine or china. no, today's discussion was far more important than both of those things combined. listen. >> i believe fa space a place of unrealized opportunity. and for that reason, there is so much potentia
. >> jesse: mini madoff finally showed his face today. and stick around and hear what he had to say. ♪ >> tech: when you get a chip in your windshield... trust safelite. this couple was headed to the farmers market... when they got a chip. they drove to safelite for a same-day repair. and with their insurance, it was no cost to them. >> woman: really? >> tech: that's service the way you need it. >> singers: ♪ safelite repair, safelite replace. ♪ [coughing]...
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Nov 16, 2022
11/22
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lydia, did you meet this little mini madoff? >> did i. >> >> jesse: what was he like. >> he was very aggressive about reaching out to media. very strategic about building relationships. that's why he got so much coverage. the amount of coverage a mark intrerg would get even though he hadn't really accomplished anything at that point in his career. weighs vegan so dined on sale lerry juice the first and last time i will ever partake and was what is interesting. >> jesse: he probably had a big mac after the meeting. >> at least i did. what he wanted to talk about was philosophy and washington and politics. and you could tell he was just obsessed with having control and power in d.c. he wanted a direct line to regulators that's why he was spending tens of millions of dollars also part of this school of thought called effective all true. what he said on multiple occasions his whole goal in getting rich and turn around and give it to cause that he believes a lot of reporting to be done and some people feel like it was a laundering op
lydia, did you meet this little mini madoff? >> did i. >> >> jesse: what was he like. >> he was very aggressive about reaching out to media. very strategic about building relationships. that's why he got so much coverage. the amount of coverage a mark intrerg would get even though he hadn't really accomplished anything at that point in his career. weighs vegan so dined on sale lerry juice the first and last time i will ever partake and was what is interesting. >>...
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Nov 23, 2022
11/22
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. >> jesse: mini madoff in bankruptcy court today. with after my car accident, wondnder whahatmy c cas. so i called the barnes firm. i'm rich barnes. youour cidedentase e woh than insurance offered? call the barnes firm now to find out. yoyou ght t beurprpris ci had no idea how muchw i wamy case was worth. c call the barnes firm to find out what your case could be worth. we will help get you the best result possible. ♪ call one eight hundred, eight million ♪ >> jesse: mini madoff cryptoscat hearing today he didn't show up. he was seen kicking back in the bahamas while $3 billion is still missing. back in the courtroom his own lawyers were throwing him under the bus. they told the judge ftx was quote effectively run as a personal thiefdom of mini madoff. staying up late, snorting adderall and they always smelled like they hadn't showered. "primetime" noticed something interesting. apparently compulsive gambling is one of the side effects of some of the pills these guys were supposedly popping. that would explain a lot. madoff baham
. >> jesse: mini madoff in bankruptcy court today. with after my car accident, wondnder whahatmy c cas. so i called the barnes firm. i'm rich barnes. youour cidedentase e woh than insurance offered? call the barnes firm now to find out. yoyou ght t beurprpris ci had no idea how muchw i wamy case was worth. c call the barnes firm to find out what your case could be worth. we will help get you the best result possible. ♪ call one eight hundred, eight million ♪ >> jesse: mini...
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Dec 13, 2022
12/22
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CNBC
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bernie madoff carried the scheme out according to the government for over 30, 40 years. and the reason he was caught was because his two boys tipped off the government he confessed to his two boys, unfortunately neither of them are with us and the government then acted here, i suspect there are a number of people who when this was not public, tipped off the government, about what has been going on by mr. bankman-fried and that's where the investigation started. they didn't put this case together at least from the standpoint of the s.e.c.'s numerous factual allegations in a month. this is an investigation that has been going on and generally these types of cases start off with somebody who walks into the government, or somebodies walks into the government and says i want to tell you about -- so, that is different than madoff. with madoff, the amount of money the government said when he was solely responsible for was somewhere in the neighborhood of $20 billion. most of that, when i say most of that, i'm overstating, he said before he died and soon after he was arrested th
bernie madoff carried the scheme out according to the government for over 30, 40 years. and the reason he was caught was because his two boys tipped off the government he confessed to his two boys, unfortunately neither of them are with us and the government then acted here, i suspect there are a number of people who when this was not public, tipped off the government, about what has been going on by mr. bankman-fried and that's where the investigation started. they didn't put this case...
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Nov 16, 2022
11/22
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that's a madoff-type situation. and now he's -- he wants other people to refinance him, silicon valley, all lost a lot of money. here is a thought. this was in fact, shows to me the resilience of the crypto thing i'm going to call it. because crypto is not dying, crypto investments are not dying. this guy is dying because he what he did and bad management. >> sandra: are you sure? >> it had no effect on the stock market, it had no effect on banking system. >> sandra: will it have the effect of the regulations, this crossing the wires, u.s. treasury secretary janet yellen said the recent failure of the major cryptocurrency exchange, existing regulations apply they must be enforced rigorously, and concerning risks related to the crypto market. that could change things. >> no, look, the point i was making a moment ago is financially there's no meltdown impact. it's much different than it was 15, 20 years ago. this was not an lehman thing, or fannie freddy thing, no impact on the stock market or bond market. now i think
that's a madoff-type situation. and now he's -- he wants other people to refinance him, silicon valley, all lost a lot of money. here is a thought. this was in fact, shows to me the resilience of the crypto thing i'm going to call it. because crypto is not dying, crypto investments are not dying. this guy is dying because he what he did and bad management. >> sandra: are you sure? >> it had no effect on the stock market, it had no effect on banking system. >> sandra: will it...
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Aug 10, 2022
08/22
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CNBC
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madoff, what would you say to all those people who lost money, mr. madoff? you would say he is the charles manson
madoff, what would you say to all those people who lost money, mr. madoff? you would say he is the charles manson
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Dec 14, 2022
12/22
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FOXNEWSW
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not that much different than bernie madoff. he reminds me of madoff. i've interviewed all the creeps. not him. they all had this weird disengagement from reality. madoff when i was interviewing him in prison at the time, you know, you know, i was kind of forced into it. my clients demanded it. this guy is doing the same thing. >> bill: you wrote about madoff saying he committed the fraud because he was trapped into the greed of others. >> that's what he told me. there is a disengagement. in order to be a socio- path and rip people off there has to be something in your brain that keeps you focused on the crime or on the misdeed and you see it in madoff, i saw it in epstein, i interviewed him several times. a guy totally detached from the reality of what he did. you see it in this guy saying i didn't mean this. oh, i -- you know, i was too busy with ftx to care about the hedge fund that was losing all the money. i made a mistake here. and every now and then he says i'm sorry. it really is a bizarre psychological thing but it is common. they all have the
not that much different than bernie madoff. he reminds me of madoff. i've interviewed all the creeps. not him. they all had this weird disengagement from reality. madoff when i was interviewing him in prison at the time, you know, you know, i was kind of forced into it. my clients demanded it. this guy is doing the same thing. >> bill: you wrote about madoff saying he committed the fraud because he was trapped into the greed of others. >> that's what he told me. there is a...
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Nov 15, 2022
11/22
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[laughter] and that, by the way that was mini madoff's girlfriend. she was living in the pent house in one of the world's famous tax havens with him in the bahamas. there were 10 kids working in this office and they were all sleeping with each other. it was a polyamorous penthouse. a dump scheme. no one noticed a thing until a week after the democrats kept the senate. let's wring in charles payne, host of making money on fox business. is this as bad as it looks, charles? >> charles: i think it's worse. >> jesse: it's worse? >> charles: we pealed back this one, i mean, bernie madoff is going to sit up in his grave and dang i was a piker. the financial times saying this was $50 trillion scam with 100,000 creditors. you know, on my show today, jesse. i put up the tax structure of the company. you would think it was the largest corporation in the world. and this is why you know this was done on purpose. right? there was a back door that only, you know, spf can access and that's how apparently they took the $10 billion of customer money and gave it to his
[laughter] and that, by the way that was mini madoff's girlfriend. she was living in the pent house in one of the world's famous tax havens with him in the bahamas. there were 10 kids working in this office and they were all sleeping with each other. it was a polyamorous penthouse. a dump scheme. no one noticed a thing until a week after the democrats kept the senate. let's wring in charles payne, host of making money on fox business. is this as bad as it looks, charles? >> charles: i...
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Dec 13, 2022
12/22
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i was critical of mini madoff as a name for some reason. but i promise you i would come back with some alternatives. >> jesse: okay. quickly. >> which i have. i think the win we're crowd scattered showers scam bang run fraud. >> jesse: i think he will have another nickname in prison but that's just me. >> tell me after. >> jesse: thank you so much, lid i can't. when you get yourself in trouble. the smartest thing to do is lay low. get out of town, don't talk to anybody and wait for things to blow over. >> i tell the guys listen, i don't mind paying for the tail pipe but that [bleep] muffler is still under warrant. >> all set? >> yeah. >> nice talking to you. enjoy miami. [laughter] >> what the [bleep] is wrong with you. >> what? >> you tell somebody your life story? you are supposed to be laying low. >> laying low gets boring though. ask hunter. after the "new york post" got a copy of hunter's laptop and aired out his dirty laundry. he went into hiding. posted up in a $20,000 a month malibu mansion until things blew over. spent his day pain
i was critical of mini madoff as a name for some reason. but i promise you i would come back with some alternatives. >> jesse: okay. quickly. >> which i have. i think the win we're crowd scattered showers scam bang run fraud. >> jesse: i think he will have another nickname in prison but that's just me. >> tell me after. >> jesse: thank you so much, lid i can't. when you get yourself in trouble. the smartest thing to do is lay low. get out of town, don't talk to...
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Feb 21, 2022
02/22
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KGO
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. >>> south florida medical examiners are working to confirm that the sister of bernie madoff and her husband died of a murder/suicide. both had suffered gunshot wounds. the couple were among the victims of bernie madoff's ponzi scheme, which left them financially ruined. madoff died in prison last year. >>> department of homeland security is part of the investigation into the killing of a college senior close to the canadian border. a suspect is being held in a shooting near the state university of new york at potsdam. the town's first homicide in seven years. here's abc's janai norman. >> reporter: a college campus reeling following the arrest in the murder of a co-ed found gunned down on the side of the road. police responding just after 5:00 p.m. friday to reports of an unconscious woman found just off the state university of new york's potsdam campus. officers finding 21 year old honor student elizabeth howell shot, a cellist, behind the music school. investigators arresting michael snow, a man officials say has no affiliation with the college, either as a student, employee or gr
. >>> south florida medical examiners are working to confirm that the sister of bernie madoff and her husband died of a murder/suicide. both had suffered gunshot wounds. the couple were among the victims of bernie madoff's ponzi scheme, which left them financially ruined. madoff died in prison last year. >>> department of homeland security is part of the investigation into the killing of a college senior close to the canadian border. a suspect is being held in a shooting near...
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Nov 15, 2022
11/22
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this is not madoff or enron issue that was actual dollars. we have federal reserve, it guarantees the dollar has value, who guarantees the coin has money? pends who you trust, not trying to destroy crypto, bit coin is real. exposure, for me, this is a long way to go, journal reporting manhattan da wants to investigate them. >> carley: feels like a movie in the making, sad, people did lose so much. >> todd: he was exposed to biggest people in the world and not enough people asked questions how he made the money and now asking the question and for many, it is too late. the ppi, is coming out producer price index in less than three hours, what do we expect? >> producer price index is wholesale type of inflation, but it matters, something the fed looks at. estimate we are looking for is .4 and looking at 8.3%, that is pretty high. >> carley: higher than the cpi. >> cheryl: ppi, you can say is precursor to cpi, again, another read on inflation, see what the fed does. interesting because christopher waller, the fed governor, he is saying that infla
this is not madoff or enron issue that was actual dollars. we have federal reserve, it guarantees the dollar has value, who guarantees the coin has money? pends who you trust, not trying to destroy crypto, bit coin is real. exposure, for me, this is a long way to go, journal reporting manhattan da wants to investigate them. >> carley: feels like a movie in the making, sad, people did lose so much. >> todd: he was exposed to biggest people in the world and not enough people asked...
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Dec 25, 2022
12/22
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>> madoff? >> madoff! >> once bernie madoff goes to jail, and after the events of the great recession, sitcom characters are winking to the audience, like, "this system is rigged. there is vast income inequality." ♪ >> have you had a chance to think of my zinger? >> well, it's almost thanksgiving, everybody, and i know what this crowd's giving thanks for -- estate tax reform. >> [ laughs ] >> in "30 rock," jack donaghy, who's this corporate goon, basically, is so rich that he really doesn't even understand how regular people live. >> damn, i wish this event were tonight. >> it's not tonight? when is it? >> february. >> jack donaghy is in the 1%, and liz is just solidly middle class. >> why are you wearing a tux? >> it's after 6:00. what am i, a farmer? >> in the episode "the tuxedo begins," jack donaghy is mugged. >> my assailant was a middle-aged white man wearing a button-down shirt and dockers. dockers! we're on the verge of a class war. >> he fears that the middle class would rise up and take back wh
>> madoff? >> madoff! >> once bernie madoff goes to jail, and after the events of the great recession, sitcom characters are winking to the audience, like, "this system is rigged. there is vast income inequality." ♪ >> have you had a chance to think of my zinger? >> well, it's almost thanksgiving, everybody, and i know what this crowd's giving thanks for -- estate tax reform. >> [ laughs ] >> in "30 rock," jack donaghy, who's this...
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Nov 15, 2022
11/22
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FOXNEWSW
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. >> his town of fairfield connecticut to bernard madoff's list of victims. a town of 58,000 person pension
. >> his town of fairfield connecticut to bernard madoff's list of victims. a town of 58,000 person pension
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Dec 13, 2022
12/22
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FBC
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but madoff was -- acting as a money manager. and as a fiduciary so there is the expectation when people gave their money to bernie madoff, that he was a -- taking care of it. and was acting as a -- not -- as a custodian, managing it for them. there was no expectation of that with sam bankman-fried. at a bare the most this was an exchange. it was noting regulated in the united states it was an offshore exchange, the vast majority of activity that happened was offshore. anyone here in the united states who had their money there, knew that. or expectation was that they knew that. he was not acting as a fiduciary. so when people say oh, bernie madoff the only comparison is well it was a fast allegedly but no expectation of regulation, of fiduciary duty he was a not a money manager let's be very clear about that, that doesn't make the theft alleged right. but nevertheless, there is a big you know, this is kind what have you were getting into by investing in crypto, knowing that there was no oversight of it. and, and you know that was
but madoff was -- acting as a money manager. and as a fiduciary so there is the expectation when people gave their money to bernie madoff, that he was a -- taking care of it. and was acting as a -- not -- as a custodian, managing it for them. there was no expectation of that with sam bankman-fried. at a bare the most this was an exchange. it was noting regulated in the united states it was an offshore exchange, the vast majority of activity that happened was offshore. anyone here in the united...
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Nov 15, 2022
11/22
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jesse waters breaks it all down. >> this is bigger than bernie madoff, unlike bernie madoff, who was getting rich off the ponzi scheme, the democratic party was getting rich off ftx, who came on to the scene in 2018 and spent $10 million to put joe biden in the white house in 2020 and the second biggest democrat donor after soros spent $40 million to get democrats elected. funny thing, ukraine was investor in ftx. why is a country in the middle of a war investing in crypto? democrats send montow ukraine, ukraine sends to ftx and ftx sends to the democratic campaigns. i don't know, but it needs to be investigated. >> todd: we're digging in more with cheryl casone. don't miss that. >> carley: and dhs secretary alejandro mayorkas set to testify in front of the homeland security committee today, they will likely press about chris magnus resignation, chris magnus says he was forced to resign by mayorkas, republicans expected to question dhs secretary about the new troubling border statistics, new data shows cbp encountered 230,000 migrants during the first three months of this new fiscal
jesse waters breaks it all down. >> this is bigger than bernie madoff, unlike bernie madoff, who was getting rich off the ponzi scheme, the democratic party was getting rich off ftx, who came on to the scene in 2018 and spent $10 million to put joe biden in the white house in 2020 and the second biggest democrat donor after soros spent $40 million to get democrats elected. funny thing, ukraine was investor in ftx. why is a country in the middle of a war investing in crypto? democrats send...
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he's right, this is not quite bernie madoff. here's what i'm hearing from people who watched his performance, some of my sources -- they think, if there is not a real innocent explanation and they give low odds that it is, what we are dealing with is someone who is mentally challenged, the synapses are not working because here is the thing. you could have a good business as a crypto exchange and if you take money out of that exchange and use it for gambling purposes it is hard to rationalize that as anything but illegal even if there is something in the user document, if you read hypothecate that money, or short-term cash that other stuff, if you use that money, someone else's money, and take it to gamble on your own it is called theft. that is where he is headed. my guess is a year from now this guy will be on trial for fraud, probably heading for jail because here's the other thing. all this stuff, yesterday, he actually said he didn't have any controls. didn't have a point person for risk management between the proposition tr
he's right, this is not quite bernie madoff. here's what i'm hearing from people who watched his performance, some of my sources -- they think, if there is not a real innocent explanation and they give low odds that it is, what we are dealing with is someone who is mentally challenged, the synapses are not working because here is the thing. you could have a good business as a crypto exchange and if you take money out of that exchange and use it for gambling purposes it is hard to rationalize...
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Dec 15, 2022
12/22
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you go from warren buffet to mini madoff. when people find out you were actually robbing your customers to pay for corporate sex parties, drugs, penthouses and helping the democrats win the senate, mini madoff went from living the high life to getting thrown in a jail to sit with rats and maggots and where most of the inmates have bedsores from having to sleep on the dirty floors. >> mini is saying this is all happening a little too quickly. he says a guy like him can't live like this. he is vegan and he is depressed. plus, he is saying his giferld should be locked up, not him. he is also blaming anti-semitism for him stealing $3 billion. mini thinks he should be back in his penthouse munching on some cucumbers and playing video games. mini madoff better get used do it because is he looking down the barrel of eight criminal charges which could put him away for over 150 years. so buckle up, mini. hide your kids, hide your pets, liberals are building a cougar bridge straight into the heart of los angeles. >> okay. this is [blee
you go from warren buffet to mini madoff. when people find out you were actually robbing your customers to pay for corporate sex parties, drugs, penthouses and helping the democrats win the senate, mini madoff went from living the high life to getting thrown in a jail to sit with rats and maggots and where most of the inmates have bedsores from having to sleep on the dirty floors. >> mini is saying this is all happening a little too quickly. he says a guy like him can't live like this. he...
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Dec 13, 2022
12/22
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perlmutter: because we on this committee, and the number of us had to deal with the madoff stuff, one of the things you are going to face is some guy say, i'm more innocent than that guy. i should get to keep my money even though i got paid yesterday, but i'm an innocent guy. you are going to be dealing with so many preferences, so many fraudulent transfers. have you any idea what the total money in and total money out of f.t.x. was? mr. ray: we don't have a full accounting at this early stage, no. mr. perlmutter: do you know how much was in tokens. say i have 10dogi coin which a year ago -- doge coin. i have 10. a year ago 10 for sake of argument was wo*rts $1,000, or 100 bucks a coin. i put that in there. but doge coin today is worth, i don't know what, say not nearly that much. how are you going to evaluate that as to what i should get out of the bankruptcy? mr. ray: doing an accounting and tracing of all the assets. all the ins and outs. that's made difficult by the commingling of assets. perhaps you may have invested in a certain coin or old coin, we'll have to trace what happene
perlmutter: because we on this committee, and the number of us had to deal with the madoff stuff, one of the things you are going to face is some guy say, i'm more innocent than that guy. i should get to keep my money even though i got paid yesterday, but i'm an innocent guy. you are going to be dealing with so many preferences, so many fraudulent transfers. have you any idea what the total money in and total money out of f.t.x. was? mr. ray: we don't have a full accounting at this early stage,...
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Dec 16, 2022
12/22
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CNBC
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we saw it with madoff. not comparing the two directly financial fraud trial things to see where this goes. there were clawbacks with madoff assuming there are some, let's hope there are, how much roughly could ftx be look to re-capture through the bankruptcy process >> one tool available in the bankruptcy process is the claw bark w clawback provision to see if anything was improperly transferred or property given away that should be part of the bankruptcy estate the trustees have the ability to claw t clay claw that back some are fair game if the feds can establish the funds used from fraud which we know from the indictment that was unsealed on tuesday and they believe the alleged fraud goes back to the start of the exchange in 2019. there is the very specific 90-day window that is important to clawbacks any party who received funds in the three months prior to bankruptcy, trustees would be reviewing all regular payments made in the course of business over the 90-day window i'm told one issue for the agent
we saw it with madoff. not comparing the two directly financial fraud trial things to see where this goes. there were clawbacks with madoff assuming there are some, let's hope there are, how much roughly could ftx be look to re-capture through the bankruptcy process >> one tool available in the bankruptcy process is the claw bark w clawback provision to see if anything was improperly transferred or property given away that should be part of the bankruptcy estate the trustees have the...
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Feb 21, 2022
02/22
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KGO
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madoff died in prison last year. his son killed himself in 2010. >>> next tonight, police are searching for clues in the murder of a 21-year-old new york state college student. elizabeth howell was a promising musician and scholar. a senior just about to graduate. here's janai norman. >> reporter: a college campus reeling tonight following an arrest in the murder of a co-ed found gunned down on the side of the road. >> prepare for rescue, female, unknown trauma. all persons on scene. >> reporter: police responding just after 5:00 p.m. friday to reports of an unconscious woman found just off the state university of new york's potsdam campus. officers finding 21-year-old honors student elizabeth howell, a cellist in the school's symphony orchestra, shot behind the college's music school. investigators arresting 31-year-old michael snow, a man officials say has no affiliation with the college, either as a student, employee, or graduate. tonight, snow is charged with second degree murder. authorities say the suspect was
madoff died in prison last year. his son killed himself in 2010. >>> next tonight, police are searching for clues in the murder of a 21-year-old new york state college student. elizabeth howell was a promising musician and scholar. a senior just about to graduate. here's janai norman. >> reporter: a college campus reeling tonight following an arrest in the murder of a co-ed found gunned down on the side of the road. >> prepare for rescue, female, unknown trauma. all persons...
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Feb 21, 2022
02/22
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KDTV
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cs...la policia de florida creeque fue un la muerte de sondra wiener, hermana del estafador, bernie madoff y su esposo, marvin fue un homicidio suicidio....madoff fallecio el aqo pasado en la carcel, donde pagaba una larga condena >> falleciÓ el aÑo pasado en la cÁrcel donde pagaba una larga condena por ser el autor intelectual y operativo de una de las estafas mÁs grandes del esquema ponce en los Últimos tiempos en estados unidos las autoridades tratan de determinar, quiÉn de los dos esposos o fue el que disparÓ. borja: el actor alec baldwin pudo no haber apretado el gatillo el dÍa del le siente que matÓ a la directora fotografÍa el pasado mes de octubre, el fiscal que lleva el caso en o mÉxico dice que se investigara la teorÍa del actor quien siempre ha dicho que sÓlo retirÓ el percutor del arma, asegurando que fue un disparo involuntario. en otras noticias, el expresidente trump eligiÓ este dÍa de los presidentes para regresar oficialmente a las redes sociales y lo hace por todo lo grande, por su aplicaciÓn que ya pueden descargar en la tienda virtual, los directivos de
cs...la policia de florida creeque fue un la muerte de sondra wiener, hermana del estafador, bernie madoff y su esposo, marvin fue un homicidio suicidio....madoff fallecio el aqo pasado en la carcel, donde pagaba una larga condena >> falleciÓ el aÑo pasado en la cÁrcel donde pagaba una larga condena por ser el autor intelectual y operativo de una de las estafas mÁs grandes del esquema ponce en los Últimos tiempos en estados unidos las autoridades tratan de determinar, quiÉn de los...
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Nov 20, 2022
11/22
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FOXNEWSW
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but then there's bernie madoff this was nothing but a ponzi scheme. and theft. >> bernie he built 37,000 investors out of tens of billions of dollars. basically what he was doing is when you invested in his fund he took those moneys -- money to pay fake returns. to previous investors so i'll take your money to give profits to other investors they're seeing record profits beyond what anything else is happening in the market. and not asking any questions. the problem is once the economic environment goes south you run out of investors people want their money out the other side and you have no money to pay them. >> the difference tweern bernie madoff one of the differences between fing tf it was big outsize returns that he was investing genius and he was with virtue signaling to give away everything that i make and that power of virtue signaling has been a really useful tool in duping venture capitalist, politicians, regulators, and ultimately some customers as well. >> one of the similarities also is that bernie madoff made sure to have very close conne
but then there's bernie madoff this was nothing but a ponzi scheme. and theft. >> bernie he built 37,000 investors out of tens of billions of dollars. basically what he was doing is when you invested in his fund he took those moneys -- money to pay fake returns. to previous investors so i'll take your money to give profits to other investors they're seeing record profits beyond what anything else is happening in the market. and not asking any questions. the problem is once the economic...
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Dec 14, 2022
12/22
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FBC
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funds like madoff they owe a lot of money to regular people. however the carnage at ftx is far more widespread. madoff defrauded 3thousand counts. ftx claims 32 times that amount in the u.s. alone. according to ftx some 1.2 million retail traders -- >> crypto doesn't get a free pass because it is shiny and bright or because venture capitalists think it might change the world or tv campaigns are witty and featured famous people. elizabeth: byron, were you wondering why was he suddenly arrested before he could testify before congress about what he was doing, get him under oath so you could use that in the case against him? hes was all about effective altruism, phony woke capitalism people use their investor money for your political pet causes. that is what is happening in d.c.? were you surprised he was arrested right before he was to testify. >> i was surprised not the least of which because he was about to give a lot of testimony under oath that could be used in any prosecution against him. and then that whole thing was precluded by arresting h
funds like madoff they owe a lot of money to regular people. however the carnage at ftx is far more widespread. madoff defrauded 3thousand counts. ftx claims 32 times that amount in the u.s. alone. according to ftx some 1.2 million retail traders -- >> crypto doesn't get a free pass because it is shiny and bright or because venture capitalists think it might change the world or tv campaigns are witty and featured famous people. elizabeth: byron, were you wondering why was he suddenly...
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Nov 14, 2022
11/22
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. >>> he's called the bernie madoff of crypto. this morning the stunning implosion of the digital currency company known as ftx that's triggering new investigations. brynn gingras is live with the latest. brynn, the story is fascinating and i'm obsessed with what's happening and where this is going forward. >> bernie madoff now but it was a few months ago when ftx's cfo was on the cover of fortune questioning if he's the next warren buffett and now his company has imimploded. and it'sshaking up the future of digital currency. ftx filed for bankruptcy. the company's 30-year-old ceo sam bankman freed resigned and his $16 billion fortune erased. bloo bloomberg called it one of the greatest destructions of well. he has apologized saying i was shocked to see things unravel the way they did. now questions of mishandling customers funds have emerged. at least one billion in customers' funds have vanished. he transferred $1 billion funds from ftx to his trading company sources told "reuters." >> in some ways the collapse of ftx is the mom
. >>> he's called the bernie madoff of crypto. this morning the stunning implosion of the digital currency company known as ftx that's triggering new investigations. brynn gingras is live with the latest. brynn, the story is fascinating and i'm obsessed with what's happening and where this is going forward. >> bernie madoff now but it was a few months ago when ftx's cfo was on the cover of fortune questioning if he's the next warren buffett and now his company has imimploded. and...
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Dec 13, 2022
12/22
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do you know when the madoff bankruptcy was filed >> probably circa 2008. >> do you know they just made a distribution out of that bankruptcy last week >> that's what i understand, yes. >> so that's, what, 14 years how old are you? >> is that a question? >> because i want you to add 100 to whatever your age is when you finally untangle this. the reason i say that is we watched this ftx, but a bunch of other crypto companies start thrashing about say, nine, ten, twelve months ago. as the house of cards started falling down, the thrashes became more. we had something like that in colorado back in the '80s when the savings and loans were failing and everybody was sort of trading their funny money we called it trading cats for dogs to hide lousy loans, you know, to not show the failures of those particular banks. here, you know, your job, i think, as -- as the bankruptcy trustee or conservator or whatever you are, is to go gather as many assets as you can. and that could be from some very innocent people who got paid money to then spread it out equally among who you think the real creditors
do you know when the madoff bankruptcy was filed >> probably circa 2008. >> do you know they just made a distribution out of that bankruptcy last week >> that's what i understand, yes. >> so that's, what, 14 years how old are you? >> is that a question? >> because i want you to add 100 to whatever your age is when you finally untangle this. the reason i say that is we watched this ftx, but a bunch of other crypto companies start thrashing about say, nine,...
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Dec 21, 2022
12/22
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FBC
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. >> they will try to cut a deal similar what madoff got. this is what madoff did. he obviously turned himself in. he put up a 10 million-dollar bond, from what i understand. he wore an ankle gracelet, allowed to stay in his apartment in midtown manhattan essentially through the duration of his trial until he was put away. they're looking for the same thing here. but, in order to do that you will have to cooperate somewhat. tell the feds about the books and that's people close to that defense team are telling me is likely to happen. he is going to cooperate. he will try to get, direct them to where the money is. i don't know if he will rat himself out and confess to what went down here as he was charged for multiple counts, i think eight counts of fraud but you know that cooperation in exchange for a bail and maybe an ankle bracelet is kind of what they're looking at. i don't know where he would live? i don't think he has an apartment in new york. maybe his parent, are very well-connected particularly within democratic party circles, major democratic party heavyweig
. >> they will try to cut a deal similar what madoff got. this is what madoff did. he obviously turned himself in. he put up a 10 million-dollar bond, from what i understand. he wore an ankle gracelet, allowed to stay in his apartment in midtown manhattan essentially through the duration of his trial until he was put away. they're looking for the same thing here. but, in order to do that you will have to cooperate somewhat. tell the feds about the books and that's people close to that...
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Nov 15, 2022
11/22
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it is alleged to be a massive bernie madoff style ponzi fraud. at least one billion dollars of customer money now missing. we're seeing numbers potentially much larger than that. kelly o'grady live from los angeles with the report. kelly? reporter: good evening to you, liz. the fallout keeps getting bigger on this one. new court documents reveal a million ftx customers may be impacted. the former ceo spented weekend searching for cash to plug a 8 billion-dollar gap. his fund-raising ties to the democratic party surfacing. in the midterm elections alone he gave nearly $40 million. 92% went to democratic candidates or groups. additionally he endorsed 25 democrats to races in this cycle. donations raising eyes are those made to new york senator kristen gillibrand. she sponsored a bill sidelining the sec when it comes to regulating the cryptocurrency industry. he could spend up to a billion dollars on the 2024 elections especially if former president trump were to run. liz, we reached out to recipients of these donations and have not heard back but m
it is alleged to be a massive bernie madoff style ponzi fraud. at least one billion dollars of customer money now missing. we're seeing numbers potentially much larger than that. kelly o'grady live from los angeles with the report. kelly? reporter: good evening to you, liz. the fallout keeps getting bigger on this one. new court documents reveal a million ftx customers may be impacted. the former ceo spented weekend searching for cash to plug a 8 billion-dollar gap. his fund-raising ties to the...
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. >> a lot of people look at you and see bernie madoff. >> yeah. i mean, i don't think that's who i am at all. but i understand why they're saying that. people lost money. and people lost a lot of money. and, i mean -- at the end of the day, look -- there's a question of what happened and why, what caused the meltdown. and i think that reads very differently, right? when you look at the classic bernie madoff story, there was no real business there. the whole thing was just one big ponzi scheme, right? ftx, that was a real business. >> reporter: he was at the top of the cryptocurrency world. 30-year-old billionaire sam bankman-fried. >> you just need ftx. >> ftx, a safe and easy way to get into crypto. >> yeah, i don't think so. >> super bowl ads. named stadiums. steph curry, gisele bundchen. >> we did a lot of things to try and bolster our reputation, to try and, you know, help our brand. >> reporter: in the early morning hours of november 11th, it all came to an end. when ftx filed for bankruptcy and bankman-fried stepped down as ceo amid reports
. >> a lot of people look at you and see bernie madoff. >> yeah. i mean, i don't think that's who i am at all. but i understand why they're saying that. people lost money. and people lost a lot of money. and, i mean -- at the end of the day, look -- there's a question of what happened and why, what caused the meltdown. and i think that reads very differently, right? when you look at the classic bernie madoff story, there was no real business there. the whole thing was just one big...
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Dec 29, 2022
12/22
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FBC
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i want to start with this, you are the lead witness for the koj in the madoff case. this case came together very quickly, especially when they didn't have the records that, you know, madoff had that folks were able to go through. so can you talk me through how prosecutors are building this case, were able to build this case? >> sure. kelly, great to be with you today. so one of the things that allow the prosecutors to build this case so quickly was the two co-conspirators that have already pled guilty, caroline ellison and gary wang. when you have two co-conspirators hard cooperating with the government -- that are cooperating with the government, that's a big factor for the prosecutors to get a jump-start on what they need to do. there's all kinds of information that they'll gather and have already been gathering from those co-conspirators to be used existence bankman-fried in the -- against bankman-fried in the criminal case can. and there's a lot of things those two the people can lead them too. and i'm sure they're talking to other employees as well. and there's
i want to start with this, you are the lead witness for the koj in the madoff case. this case came together very quickly, especially when they didn't have the records that, you know, madoff had that folks were able to go through. so can you talk me through how prosecutors are building this case, were able to build this case? >> sure. kelly, great to be with you today. so one of the things that allow the prosecutors to build this case so quickly was the two co-conspirators that have...
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Dec 1, 2022
12/22
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CNNW
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fraud schemes. >> a lot of people look at you and see bernie madoff. >> yeah, i mean, i don't think that's who i am at all. but i understand why they're saying that. people lost money. and people lost a lot of money, and, i mean, at the end of the day, look, there's a question of what happened and why and who did what. what caused the melt down, and i think that is -- reads very differently, right, when you look at the classic bernie madoff story, there was no real business. ftx, that was a real business. >> reporter: ftx used celebrity endorsements from super stars like tom brady, naomi osaka, steph curry, even a super bowl ad featuring larry david, but the big names can't cloud questions as to whether ftx improperly used investors' money to make loans to his mhedge fun. >> i do not know there was improper use of customer funds. >> you also took out a $1 billion loan. what was that for? >> that was generally for reinvesting in the company. >> reporter: as investors ponder what's next, bankman-fried admits he didn't pay attention in a business that's based on trust. >> i wasn't spen
fraud schemes. >> a lot of people look at you and see bernie madoff. >> yeah, i mean, i don't think that's who i am at all. but i understand why they're saying that. people lost money. and people lost a lot of money, and, i mean, at the end of the day, look, there's a question of what happened and why and who did what. what caused the melt down, and i think that is -- reads very differently, right, when you look at the classic bernie madoff story, there was no real business. ftx,...
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Feb 21, 2022
02/22
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KPIX
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visit indeed.com/hire >>> the sister of ponzi scheme mastermind bernie madoff and her husband have been found dead in their florida home. the bodies of 87-year-old sondra weiner and her husband were discovered with gunshot wounds. investigators called it an apparent murder/suicide. madoff died in prison last year after being sentenced to 150 years for one of the largest ponzi schemes in history. >>> after almost two years, australia allows tourists back into the country, and rodents are being blamed for the temporary closing of hundreds of family dollar stores. those are some of the headlines on the "morning newsstand." "the new york times" reports an infestation of rodents at a family dollar distribution . more than 400 impacted stores have temperature raefrl closed. >>> the "associated press" says australia is welcoming back tourist for the first time in almost two years after dropping many of its covidste fir plane morning local time from los angeles. people were greeted at sydney's airport by well wishers including someone dressed as a kangaroo. the vaccination status of all the tra
visit indeed.com/hire >>> the sister of ponzi scheme mastermind bernie madoff and her husband have been found dead in their florida home. the bodies of 87-year-old sondra weiner and her husband were discovered with gunshot wounds. investigators called it an apparent murder/suicide. madoff died in prison last year after being sentenced to 150 years for one of the largest ponzi schemes in history. >>> after almost two years, australia allows tourists back into the country, and...
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Nov 23, 2022
11/22
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you know, in madoff, people got some of their money back. the bankruptcy trustee was able to claw back the ill gotten gains that people took out of it. you paid off people with new money coming in. there was never an investment. people did get their money back. often what they put in. this is probably gone. he might have lost it all in the trading markets and bankruptcy trustees can't claw that back. >> trace: here's my point. the baffling thing is now you have ftx saying maybe we can save this thing. pony up more dough. maybe there's a chance to save the company. there's bills of genuine interest from new investors that could go to making customers whole. but i can't promise you that anything will happen because it's not my choice. >> he sounds out of his mind. he went to the middle east, i believe, in october to look for money from the middle east where there's lots of money. i know people that took him around to major people on the saudi fund. they said no. this is october. so what makes him think now there's a huge potential pool of mone
you know, in madoff, people got some of their money back. the bankruptcy trustee was able to claw back the ill gotten gains that people took out of it. you paid off people with new money coming in. there was never an investment. people did get their money back. often what they put in. this is probably gone. he might have lost it all in the trading markets and bankruptcy trustees can't claw that back. >> trace: here's my point. the baffling thing is now you have ftx saying maybe we can...
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Dec 23, 2022
12/22
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, maybe -- neil: bernie madoff also -- he didn't have to hang out. charles: that is what i am saying. this is where it gets funky for me. they wanted him to be talking to you. he admitted to everything unlike sam bankman-fried. to show where the bodies are buried, to claw the money back, the deal, making something whole and the bernie madoff victims, a lot of them were made whole in terms of initial investment and bankruptcy, half the size of the ponzi scheme like it was $50 billion ponzi scheme, something like $25 billion back so people were able to become mostly whole on their initial investment and they did a bike lying back people who took out the gains like the former owner of the mets got gains like 10% a year or whatever it was. he had to give a lot of that back, hundreds of millions of dollars. they were involved. you would want the guy helping with that. i don't know why they need sam bankman-fried. 's girlfriend his girlfriend, his ex, carolyn, who was running of the alameda fund, the side hustle to the exchange that took the money. not tha
, maybe -- neil: bernie madoff also -- he didn't have to hang out. charles: that is what i am saying. this is where it gets funky for me. they wanted him to be talking to you. he admitted to everything unlike sam bankman-fried. to show where the bodies are buried, to claw the money back, the deal, making something whole and the bernie madoff victims, a lot of them were made whole in terms of initial investment and bankruptcy, half the size of the ponzi scheme like it was $50 billion ponzi...
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the man being called the bernie madoff of sneakers. and how buyers got duped. >>> but first a girl kidnapped and tied to a bed for one week escapes by chewing through her restraints. what police are saying about the i was injured in a car crash. i had no idea how much my case was worth. i called the barnes firm. when a truck hit my son, i had so many questions about his case. i called the barnes firm. it was the best call i could've made. your case is often worth more than insurance offers. call the barnes firm to find out what your case could be worth. we will help get you the best result possible. ♪ the barnes firm, injury attorneys ♪ ♪ call one eight hundred, eight million ♪ now you can save big on supersonic wifi from xfinity. ♪ the barnes firm, injury attorneys ♪ can it handle all of my devices? oh, all that. and it comes with a 2-year rate guarantee. what?! ok! no annual contract. no equipment fees. oh, and a free streaming box. oh, i like streaming. it's all just $50 a month when you add xfinity mobile with unlimited
the man being called the bernie madoff of sneakers. and how buyers got duped. >>> but first a girl kidnapped and tied to a bed for one week escapes by chewing through her restraints. what police are saying about the i was injured in a car crash. i had no idea how much my case was worth. i called the barnes firm. when a truck hit my son, i had so many questions about his case. i called the barnes firm. it was the best call i could've made. your case is often worth more than insurance...
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Feb 21, 2022
02/22
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bernie madoff pleaded guilty in 2009 and died behind bars at 82. his crushing financial crimes are also linked to a number of other tragedies including the death of his oldest son who hanged himself on the second anniversary of his father's arrest. he left behind a note which said bernie, now you know you have destroyed the lives of your sons by your life of deceit. dana. >> dana: the tragedy just continues. thank you so much. >> bill: white castle is planning to add robot fry cooks after launch a program a year ago. it has automated arms. it reportedly completes food twice as fast as we humans. the roll-out comes at a time when some restaurant chains are struggling to retain employees. >> dana: you talked about this for a while that this is coming, right? it looks like it is becoming affordable enough the technology. >> bill: trivia question. first white castle ever was where? >> dana: chicago? >> bill: columbus, ohio. >> dana: i should have guessed. >> bill: the same town as what other well-known american restaurant franchise >> dana: wendy's? >>
bernie madoff pleaded guilty in 2009 and died behind bars at 82. his crushing financial crimes are also linked to a number of other tragedies including the death of his oldest son who hanged himself on the second anniversary of his father's arrest. he left behind a note which said bernie, now you know you have destroyed the lives of your sons by your life of deceit. dana. >> dana: the tragedy just continues. thank you so much. >> bill: white castle is planning to add robot fry cooks...
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Nov 26, 2022
11/22
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many comparisons to enron like balance sheet moving it around and the same with madoff. and where was the due diligence. and there's celebrity endorsement, i don't blame them for doing it, but massive amounts politically and f philan philanthropically. but there are those that vet them and do the due diligence. it's like goldman sachs and morgan stanley underlying an ipo. the two most prestigious capital institutions basically enpowered this entrepreneur by lending credibility to it and that's not something you've heard about. charles: one person hitting that hard from day one, me. every single day on my show, making money on fox business, i have been slamming that. sequoia raised money for them twice last year, one $25 billion valuation and in asian a publication, a glowing publication, where sam bankman fried bragged about not reading, and this is who they were in bed with, they've got to be answerable for this. a minute to go. you brought up the politicians and numbers count up. last i daw 70 million went to politicians with one week before bankruptcy. can the public
many comparisons to enron like balance sheet moving it around and the same with madoff. and where was the due diligence. and there's celebrity endorsement, i don't blame them for doing it, but massive amounts politically and f philan philanthropically. but there are those that vet them and do the due diligence. it's like goldman sachs and morgan stanley underlying an ipo. the two most prestigious capital institutions basically enpowered this entrepreneur by lending credibility to it and that's...
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Nov 11, 2022
11/22
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i remember when madoff blew up. people did ask the sec how did you miss the madoff blowup. it turns ought madoff had some family members -- his son-in-law worked for sec. he didn't get charged for that. but there is something called regulatory capture. when you have close ties to companies you regulate, we'll find out how close gensler was to fdx. there is something in you that says that person is not a crook, that person wants to do good. bankman-fried's father is big in democratic party circles, so is his mom. so you know him. but that's called regulatory capture. gary gensler is your friend? are you friends with him? liz: i interviewed him. i want to tell people the eod website crashed. thank you very much, you guys. sergeant airnl hale is going to make sure they get it back up and running. the candyman. we are seeing your donations to come in for heroes.org. we popped to 65,000. thank you so much and keep it coming. s&p hitting its highest point since june. you met aaron? >> i gave shim one of my command coins. >> i have one of your command coins. what do you like in th
i remember when madoff blew up. people did ask the sec how did you miss the madoff blowup. it turns ought madoff had some family members -- his son-in-law worked for sec. he didn't get charged for that. but there is something called regulatory capture. when you have close ties to companies you regulate, we'll find out how close gensler was to fdx. there is something in you that says that person is not a crook, that person wants to do good. bankman-fried's father is big in democratic party...
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Nov 19, 2022
11/22
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plus, it's being called another lehman brothers moment, bigger than enron's implosion and bernie madoff's ponzi scheme. we're talking about big fraud in crypto with the wolf of wall street, jordan belfort, will weigh in. >>> but first, republicans taking control of the house for the first time in four years. >> we need to work together because you are right, we are the only republican entity that can stop this disastrous biden agenda. think for one moment. it is official. one-party democrat rule in washington is finished. maria: and joining me right now with insights on the party's new leadership and its immediate priorities is house judiciary ranking member, soon to be the chairman of the judiciary committee and a member of the house oversight committee as well, jim jordan is here. congressman, it's good to see you. thanks so much for being here this weekend. >> you bet. good to be with you. maria: we just heard kevin mccarthy. some questions about whether or not he'll make it over the finish line with andy biggs telling fox that he doesn't have the votes. who will be the speaker of the
plus, it's being called another lehman brothers moment, bigger than enron's implosion and bernie madoff's ponzi scheme. we're talking about big fraud in crypto with the wolf of wall street, jordan belfort, will weigh in. >>> but first, republicans taking control of the house for the first time in four years. >> we need to work together because you are right, we are the only republican entity that can stop this disastrous biden agenda. think for one moment. it is official....